BUS101 The Firm - Elements of Business

Credits (ECTS):5

Course responsible:Stig Aleksander Aune

Campus / Online:Taught campus Ås

Teaching language:Norsk

Course frequency:Annually

Nominal workload:125 hours

Teaching and exam period:The course starts in the autumn parallel. The course has teaching/evaluation in the autumn parallel, .

About this course

Key objectives include:

  • An overview of contents and structure of the Bachelor programme and how different topics and courses are linked. Focus will be on inter-disciplinary understanding.
  • A broad introduction to a firm's wider role in society and an overview of selected methods, techniques and models relevant to business decisions.

Learning outcome

Knowledge:

The student:

  • Has an interdisciplinary understanding and basic insight into how businesses, the economy, and the stock market function, and how these influence society.
  • Has knowledge of key concepts and familiarity with important tools used in the analysis of business economics issues (including accounting, financial management, finance, marketing, strategy, organizational theory, and psychology).
  • Has an understanding of corporate social responsibility and sustainability from a business economics perspective.

Skills:

The student:

  • Can analyze and interpret economic data to assess a company's financial situation, including financial statements, key financial figures, and market data.
  • Can apply business economics methods and models to solve fundamental economic problems within accounting, financial management, and finance.
  • Can communicate economic assessments both in writing and orally in a professionally precise manner, adapted to different target audiences.

General Competence:

The student:

  • Can master key business economics terminology.
  • Can think critically and reflect on the role of businesses in society.
  • Can apply knowledge at an overall level to understand how businesses function.
  • Can extract essential information from a company's annual report.
  • Learning activities
    Lectures (campus-based), exercises and miscellaneous articles. The purpose of the exercises is to concretize the lectures and stimulate to student participation. Three of five assignments must be approved to sit the exam.
  • Teaching support
    Lectures with teaching assistants, relevant exercises and web-sites.
  • Assessment method
    Written digital campus exam 3 hours (100%).

  • Examiner scheme
    External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
  • Mandatory activity
    5 mandatory assignments, whereof at least 3 must by approved to sit the exam. Previously approved mandatory assignments do not constitute grounds for exemption.
  • Teaching hours
    Two hours, one lecture per week.
  • Reduction of credits
    5 ECTS-credits with BUS100 and BUS100F.
  • Admission requirements
    The course is open for bachelor business and IndØk students.